The de-dollarization efforts pushed by developing countries have no challenging effects on the US dollar’s global supremacy, say central bankers. Trump’s economic policies made emerging economies gang up to start…
The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way to modernizing Europe’s financial…
Distributed ledger technology settlement has received official approval from the European Central Bank Governing Council, and this marks a significant step for blockchain payment systems integration across Europe. The ECB…
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Opinion by: Hart Lambur, co-founder of Risk Labs.Decentralized finance, or DeFi, is built on composability, but composability is breaking. As new chains proliferate, liquidity fragments and incentives weaken. What was…
The head of South Korea’s central bank has reportedly said he is not against the country issuing a won-based stablecoin, but is still concerned about managing the foreign exchange of…
China’s central bank Governor Pan Gongsheng said that he expects new currencies will emerge and challenge the global order of the USD. He indicated that a “multi-polar international monetary system”…
China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).According to a Reuters…
It seems that the US dollar’s woes are not ending anytime soon, as the greenback may continue to face volatility in the near future. The rising geopolitical tensions and unrest…
The Russian Central Bank has unveiled plans to allow domestic corporations to buy foreign stablecoins, but looks set to bar them from buying USDT and USD Coin (USDC).Per an official…